Although SG is on its way to 50% retrace from the high, I foresee more opportunity to the downside, particularly at the $16 mark to go long.
Setup an alert for SG crossing $16 to go long, otherwise take a brief short expiring in the next 2 weeks.
Happy Trading,
Setup an alert for SG crossing $16 to go long, otherwise take a brief short expiring in the next 2 weeks.
Happy Trading,
Trade closed: stop reached:
I do not believe we will be heading lower on SG, stop losses were hit.